Friday, March 26, 2010

Kaitlyn S. Stock Summary

I invested in Sirius XM, China Security and Surveillance, Nokia, MGM Mirage, and Las Vegas Sands Company.

End Prices:
- Las Vegas Sands: $18.40
- MGM Mirage: $11.28
-Sirius XM: $0.910
-China Security & Surveillance: $7.09
-Nokia: $14.73


Total Profit/ Loss:
-Las Vegas Sands: $152.80+
- MGM Mirage: $82.40 -
-Sirius XM: $98.46+
-China Security & Surveillance: $85.70 -
-Nokia: $ 106.39 +

Overall profit: $189.55

When I choose my stocks, I did research on what stocks were believed to do well in 2009-2010 and what stocks had been doing well. I would have chosen different stocks that I was more familiar with and knew were good, reliable companies. I wasnÆt familiar with many of these stocks and I relied on someone elseÆs opinion. I think that Sirius XM did well over the past five weeks and I am glad that I invested in it. I also liked that I bought Sirius XM for very little and got over 2,000 shares, which resulted in a bigger profit sometimes. I donÆt think that MGM Mirage was a good investment and it lost value every week. I would recommend Sirius XM, Las Vegas Sands Company, and China Security and Surveillance to investors who are willing to invest in different stocks and gain money from them.

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